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Release Date: 24/11/2021 09:55
Code(s): CKS     PDF:  
Wrap Text
Interim results

Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
(“Crookes Brothers” or “the Company”)

Summarised Interim Results for the Six Months Ended 30 September 2021
The Crookes Brothers Board (“the Board”) is pleased to present a summary of the Company’s interim results
for the six months ended 30 September 2021.

                                                                 Six months          Six months
                                                              ended 30 Sep        ended 30 Sep           %
Salient Features                                  Index                  2021               2020   change
Revenue                                            R’000             448 045             412 067         9
Operating profit before biological assets          R’000             130 299             113 184        15
Change in fair value of biological assets          R’000           (102 823)            (47 087)     (118)
Operating profit after biological assets           R’000               27 476             66 097      (58)
Profit for the period                              R’000               17 566             46 285      (62)
Headline (loss)/earnings                           R’000              (7 810)             23 070     (134)
Shareholders’ equity                               R’000          1 104 002           1 104 154           -
Cash generated from operations                     R’000               74 623             58 478        28
Weighted average number of ordinary shares        shares         15 264 317          15 264 317           -
Basic (loss)/earnings per share                   cents                   (0,5)            210,0     (100)
Headline (loss)/earnings per share                cents                 (51,2)             151,1     (134)
Net asset value per share                         cents                  7 233             7 234          -

The board is mindful of the need to conserve cash during this interim period and has decided not to declare
an interim dividend for the six-month period ended 30 September 2021.

Full announcement
The full announcement including commentary is available on the link below.

This short-form as set out above is the responsibility of the Directors of the Company and is a summary of the
information in the full unaudited announcement, which is available on the following websites:

JSE website:        


Crookes Brothers website:

Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices on workdays during business
hours, at no charge.

Mount Edgecombe
24 November 2021

Sponsor: Sasfin Capital (a member of the Sasfin Group)

Date: 24-11-2021 09:55:00
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